EIOPA run-off supervisory statement should promote supervisory convergence of existing requirements, not establish additional rules
EIOPA’s proposed changes to supervisory reporting could significantly — and needlessly — increase costs for both insurers and their customers
EU reinsurers call on PRA to extend TPR or wait until HMT review of Solvency II is finalised to make changes
Europe’s insurers pay out €997bn annually in claims and benefits
The insurance industry is Europe’s largest institutional investor, with a portfolio equivalent to 59% of EU GDP
Through its 37 member associations, Insurance Europe represents 3 900 insurance and reinsurance undertakings of all types and sizes
Insurance Europe’s members write €700bn of life premiums, €409bn of property & casualty premiums and €149bn of health premiums every year
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